Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF) ("Signature" or the "Company") CEO, Walter Hanych has issued a letter to the shareholders of the Company. Over the past years, risk capital has largely ignored the resource sector and the funding of mineral exploration projects, regardless of their caliber. Signature is very fortunate that its message is being heard and has attracted investors that recognize the potential of Signature’s Lingman Lake gold project. Your support and encouragement have been more than appreciated and has reinforced our commitment to you to develop the Lingman Lake Gold project to a significant gold asset.

Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF) ("Signature" or the "Company") is pleased to announce that, further to its press releases dated May 15, 2018, June 25, 2018 and July 26, 2018, today it closed the third and final tranche (the “Final Tranche”) of its previously announced non-brokered private placement (the “Financing”). The Final Tranche resulted in the Company issuing 3,729,317 NFT Units (as defined herein) for gross proceeds of approximately $447,508. Together with the first tranche closed on June 25, 2018 and the second tranche closed on July 26, 2018, the Financing has resulted in aggregate gross proceeds of approximately $1,502,108.

Leading Signature Resources Ltd (TSXV:SGU) as the CEO, Walter Hanych took the company to a valuation of CA$5.65M. Recognizing whether CEO incentives are aligned with shareholders is a crucial partRead More...